Consultation response

4 December 2017

ECB’s guidance to banks on non-performing loans

Accountancy Europe responded to the ECB guidance to banks on non-performing loans (NPLs). We understand that the purpose of the addendum is to foster a more timely provisioning practice for new NPLs from 2018 onwards in order to avoid an increase of NPLs in the future. We suggest to review the Addendum to ensure that it clearly refers to supervisory expectations regarding regulatory capital calculations only.

Related content

Consultation responseEC’s Fitness check on the EU framework for public reporting by companies

16 July 2018

Consultation responseEC’s consultation on fitness check on supervisory reporting

25 January 2018

Consultation responseEC’s provisioning for newly originated loans that turn non-performing

4 December 2017

PublicationAuditor’s involvement regarding the ex-ante contributions to the Single Resolution Fund

19 December 2016

PublicationScope of audit of banks across Europe – 2016 update

29 September 2016

UpdateFEE CMU Policy Update

1 May 2016

Team memberEleni Kanelli

1 November 2015

Consultation responseFEE comments on Basel Committee’s consultation on guidance on accounting for expected credit losses

21 April 2015

Consultation responseFEE comments on the BIS Consultative Document on External Audits of Banks

21 June 2013

Press releaseFEE explains the terminology on bank provisioning and reserves as used in the financial instruments...

12 January 2010

Consultation responseFEE Comment Letter to the Basel Committee Basel Committee 051114 CP Corporate governance

14 November 2005

Sign up for our newsletter